Hotel Indigo Houston at the Galleria Acquired by Driftwood Capital
HOUSTON—Driftwood Capital, a vertically integrated commercial real estate investment, development, and lending platform specializing in hospitality, has acquired the Hotel Indigo Houston at the...
Staybridge Suites Nashville-Midtown Opens
IHG Hotels & Resorts announces the opening of Staybridge Suites Nashville-Midtown, welcoming guests to the neighborhood. Owned and operated by Tharaldson Hospitality Management, Staybridge...
Hotel Greystone Is Set to Open in September 2021
MIAMI BEACH—The historic, art deco vibe of Hotel Greystone is adding to the hotel scene of Miami Beach. Led by Salt Hotels in partnership...
Labor Cost Trends in 2020
Based on CBRE’s survey of monthly operating performance, U.S. hotels experienced a 58 percent decline in total hotel revenues from 2019 to 2020. This...
Tru by Hilton Opens Milestone 200th Hotel
McLEAN, Virginia—Tru by Hilton, Hilton’s midscale brand, is marking its five-year anniversary with the opening of its milestone 200th hotel. This feat represents the...
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Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
Wyndham Hotels & Resorts Reports Q1 2024 Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2024. Highlights include:
Global RevPAR grew 1 percent in constant...
This Week’s Comings & Goings
Concord Hospitality announced the appointment of Will Loughran as its new chief operating officer. He will report to Mark Laport, president and CEO. He...
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